Lavin Family Supporting Foundation (EIN 364120653) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1996

Legal Domicile

Principal Officer

Carol Lavin Bernick

Phone

3126168000

Tax Period

2021-10-01 to 2022-09-30

Lavin Family Supporting Foundation, founded in 1996, is a community nonprofit that reported $8.0M in total revenue in fiscal year 2021. Revenue surged 974% from the prior year, signaling strong growth momentum. Expenses of $18.4M exceeded revenue, resulting in a 129% operating deficit.

Mission

Philanthropic Foundation that provides grant support to tax exempt charitable organizations.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $8,024,870

Other Revenue $0

TOTAL REVENUE $8,024,870

Expense Breakdown

Grants Paid $18,224,255

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $18,316,523

Other Expenses $184,682

TOTAL EXPENSES $18,408,937

Year-over-Year Comparison

	2021	2020	Change
Revenue	$8,024,870	$747,514	+9.7%
Expenses	$18,408,937	$2,261,948	+7.1%
Net Income	$-10,384,067	$-1,514,434	+5.9%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$569,805

Total Directors

$275,874

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Jason Baxendale	VP, Treasurer, Secretary, Director	1.00	Officer Director	$0	$13,385	$275,874
Carol Lavin Bernick	President and Director	1.00	Officer Director	$0	$0	$0
Linda Wolf	Director	1.00	Director	$0	$0	$0
Jessica Strausbaugh	Assistant Treasurer	1.00	Officer	$0	$4,432	$293,931

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2022	$8,024,870	$18,408,937	No data	$-10,384,067
2021	$747,514	$2,261,948	$18,082,857	$-1,514,434
2020	$186,427	$1,517,796	$16,299,054	$-1,331,369
2019	$498,960	$182,933	$16,211,330	$316,027
2018	$208,405	$1,340,073	$16,256,844	$-1,131,668

Lavin Family Supporting Foundation